Program : Degree
Course : Malaysian Economy
Code : ECMB313
Credit Hours : 03
Contact Hours : 03
Semester : Semester 1 Academic Year 2012/2013
This course provides the student with an overview of the Malaysian economy - the role of the government and its economic interaction with other countries in the region. Topics such as government economic plans and policies, income distribution and poverty eradication, labour force and labour relations, the financial system and international trade and investment will be covered in this course.
At the end of this course, students are expected to:
1. Critically analyse the Malaysian economy and its components.
2. Apprehend the economic development of the nation thus far.
3. Apprehend fundamental economic analysis provided by the media.
4. Rationally analyse the macro economy environment and the external factors in business decision-makings.
5. Assess, analyze and suggest appropriately methods on economy crisis.
6. Rationally analyse the implication of macro economy environment, current issues and implications of the current policies.
Wednesday, May 29, 2013
Malaysia is a country on the move, from a country dependent on agriculture and primary commodities, Malaysia has today become an export-driven economy spurred on by high technology, knowledge-based and capital-intensive industries.
Industrial Production in Malaysia increased 5.80 percent in October of 2012 over the same month in the previous year. Industrial Production in Malaysia is reported by the Department of Statistics Malaysia. Historically, from 2007 until 2012, Malaysia Industrial Production averaged 1.26 Percent reaching an all time high of 14.20 Percent in March of 2010 and a record low of -18 Percent in January of 2009. In Malaysia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page includes a chart with historical data for Malaysia Industrial Productio.[i]
The country is multi-ethnic and multi-cultural, which plays a large role in politics. Three main races are malay, Chinise and India. There is a important concept called Bumiputra.